Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Appraisal Help

To participate in the forum you must log in or register.
Author Previous TopicReplies: 19 / Views: 2,714Next Topic
Page: of 2
Valued Member
United States
320 Posts
 Posted 03/09/2011  12:18 am  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
Bigfredd got it exactly right. That's the plan...and as long as the appraisal isn't so high so as to exceed that value of the inheritance, it ought to go smooth.

And carl, I wish I had enough cash to be the one to get this, but I am not a direct heir and have not got that kind of disposable income. I've been on a coin buying binge lately and have no more "fun" money for such things. And then if we didn't have a 6 month old, I'd think about possibly trying to convince the wife to spend "our" money, but with that in mind I know what the answer would be ...

Bedrock of the Community
United States
20753 Posts
 Posted 03/09/2011  10:29 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
And carl, I wish I had enough cash to be the one to get this, but I am not a direct heir and have not got that kind of disposable income. I've been on a coin buying binge lately and have no more "fun" money for such things. And then if we didn't have a 6 month old, I'd think about possibly trying to convince the wife to spend "our" money, but with that in mind I know what the answer would be ...



Then the thing to do is not ask how much it was all worth. Then lie to yourself and say it was probably all just stuff you already had or didn't want anyway.
Pillar of the Community
busthalf's Avatar
United States
1304 Posts
 Posted 03/10/2011  05:20 am  Show Profile   Bookmark this reply Add busthalf to your friends list Get a Link to this Reply
Sorry about your grandfather. Been through it from the outside. It was my father-in-law. Funny how wills bring out the worst in what you thought was a loving family. Good luck.
Pillar of the Community
acloco's Avatar
United States
3540 Posts
 Posted 03/10/2011  10:27 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Sorry about your Grandfather as well.

Make an inventory of ALL of the coins. An excel spreadsheet would work well in this case.

Take ALL of the coins to the dealer and let them assign a real, cash value. Everything is listed, everything is appraised by a professional, and then pay the professional for their time. Provide the info to the estate...and call it a day. Keeps you out of the middle and everybody on the same page.
  Previous TopicReplies: 19 / Views: 2,714Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.18 seconds to rattle this change. Forums